Ghana halts production at Tema Refinery in favour of products imports like Nigeria?
There are strong indications that refining activities at Ghana’s national refinery at Tema over what observers claim as favouring products import considering operational cost. Business Hilights Ghana Bureau chief reports that the Tema Oil Refinery in Ghana has a capacity…
Time calls for local investors to overtake foreigners in electrifying Africa
For years, the African renewable energy development market has been dominated by foreign investors and financial institutions. Now is the time for African investors to step up to the plate and join the continent’s solar energy transition. Africa is now…
88 years President of Cameroon, Biya being held to election campaign podium
President of Cameroon, Pa. Paul Biya was recently hand-held to the podium to deliver his presidential campaign promises for the upcoming elections. The 85 year old is seeking reelection for the seventh time. Earlier on Friday July 13, he took…
A second forensic view on Atiku Abubakar’s recent public weeping
By Omijuyigbe Dele Alhaji Atiku Abubakar’s cry may be political but it appears real and deeper than we think. It carries an implicit message which we can grasp only when we agree that the cry isn’t faux. Atiku cried for…
Efficiency: Minus for Ali’s reforms as W’Bank ranks Nigeria Customs among 15 lowest
Contrary to preliminary speculations in the presidency and others that the break in rank applied in abandoning the traditional system of appointing Comptroller General of Customs from the system to an external person will end corruption and shore up efficiency,…
Strategic partnerships, investments key to Africa’s economic transformation—AfDB
The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has taken the case for expanded partnerships and investments in Africa to the Netherlands. On a three-day visit this week, he met with government officials and private and public…
Globacom highest gainers in July subscriber base report, MTN loses 999,891
Latest data from the Nigerian Communications Commission (NCC) on subscriber base movement has shown that national carrier and grand masters of data, Globacom amassed new internet subscribers with 214,646 subscriptions to hit 40.32 million, while Airtel gained 149,880 to record…
Nokia runs to Ghana with latest android phones over stiff competition in Nigeria
After launch of its latest trio of Nokia 5.1, Nokia 3.1 and Nokia 2.1 smartphones in Nigeria in May and the associated stiff market competition presented by other smartphone brands including Tecno, Itel, Gione and others excluding Samsung whose market…
Another look at Chevron’s success story on Nigerian content development
Earlier to the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act in 2010, only a few International Oil Companies (IOCs) had deliberately put in place policies to build, enhance and sustain the capacity of indigenous companies…
For Discos’ to remit only N44bn out of N147bn to NBET signals financial stress
Recent report of the Nigerian Electricity Regulatory Commission recent (NERC) showing that Nigerian Electricity Distribution Companies (Discos) are indebted to the Nigerian Bulk Electricity Trader (NBET) and Market Operator (MO) to the tune of N103billion after paying only N44bn on…
